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Urban Outfitters reports Q3 EPS $1.28, consensus $1.18

Reports Q3 revenue $1.53B, consensus $1.49B. Comparable retail segment net sales increased 12.5% at Urban Outfitters (URBN), 7.6% at Anthropologie and 4.1% at Free People. “We are pleased to report record revenues, profits, and earnings per share for the quarter,” said Richard Hayne, CEO. “Trends observed last quarter have remained consistent with broad-based comparable sales growth and robust results in the Retail, Subscription, and Wholesale segments. These results underscore the strength of our diversified business model, which enables us to continue capturing market share, and drive consistent long-term growth,” finished Hayne.

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